If you listened to this past
Tuesday’s episode, I shared with you some ways you can help
yourself become more productive, as I do every Tuesday.

One of those ways I suggested was to create deadlines with very
real consequences. The kind of consequences you’re going to
do whatever you can to avoid.

Today I’m sharing with you and app that will help you do exactly
that.

Stickk
-

This is an app that comes out of Yale University. It’s
legit. It’s got a lot of science behind it and it works!

Professor Dean Karlan teaches Economics and Professor Ian Ayers
teaches law, both at Yale University. They partnered with one
of their students, Jordan Goldberg, to create a tool they knew
would help people achieve their goals, and it works. Here’s
why…

Stickk gives you a platform where you can create what the
founders call Commitment Contracts.

This is a contract you create with YOURSELF, but… there’s more
to it than that. We’ve all tried that and seen it fail time
and time again.

A Commitment Contract involves accountability
and the power of “loss aversion."

You know what accountability is, but what about LOSS
AVERSION?

You can figure out from the name, it’s about avoiding loss.
But why? Why not just be motivated by gain?

Scientific studies suggest people are TWICE as motivated by
avoiding loss than achieving a gain. People who lose $100 will be
emotionally impacted more than someone who gains $100.

It’s because we don’t value what we don’t have. The
potential to gain $100 will not motivate you as much as the real
potential to lose $100. That’s the science, in a nutshell, of
“Loss Aversion."

Here’s how it
works:

Stickk has some predefined goals which you can use or even
customize them to meet your needs. If those don’t work, you have
the ability to build your own goal from scratch.

So, you start by creating a goal and then laying out the
parameters of that goal. What will it take to achieve that
goal and what are the specific things you have to do to get
there?

Now, here’s where Stickk kicks in with some very real and
powerful features.

Losing Money and Having
an Honest Referee.

The creators of Stickk state that their data shows, people who
have a referee to whom they’re accountable, are TWICE as likely to
reach their goal. People who have something financially
significant at stake are up to THREE times as likely to achieve
their goal.

Put the power of both of those items together and you have
Stickk.

When you sign in, you’ll have the opportunity to create a
Commitment Contract where you can put something financial on the
line. They don’t charge you ANYTHING unless you tell them you
want to make the financial commitment and then only after you don’t
achieve your goal.

So, what keeps us from cheating and just saying we did it?
A referee who will look at your Commitment Journal to
determine if you’re reaching your goal.

This journal is where you can post screenshots or pictures of
you doing what you said you would do.

Now, it’s not just about having someone lord over you, it’s also
about support. You can add in supporters who can see your
commitment and progress and then cheer you along. It’s the
perfect combination to getting where you want to be in
life.

Your referee can be anybody you’d like.

Each time you take action toward your goal, you submit that
information to Stickk and your referee will get an email saying you
submitted something to your Stickk account. If they’d like,
they can ask you for additional proof that you did what you said
you did, or be satisfied with what you submitted.

You’re really empowering your referee. So, choose someone
you trust but also make sure it’s someone you know will hold you
accountable.

Here’s how you miss a
goal:

You admit you missed it.

Your referee reports that you missed it

You don’t submit a commitment report in the time window you
specified.

When you miss, if you have a financial stake included, your
credit or debit card will be charged for the amount you set at the
beginning.

As of this podcast, there is $21 million on the line for
commitments.

There are just under 300,000 commitments.

That’s an average of about $72 on the line for each commitment.
Make sure you choose an amount that’s going to HURT if you
lose it.

Where does the money
go?

You decide that. You can have it go to someone you want,
or even have it go to a charity. Stickk holds the money for
the charities and sends them all the stake money at one time at the
end of the year. Some of the organizations they support
are:

Feed the Children

Doctors without Borders

United Way

and several others.

Here’s a fun twist. You can create an
Anti-Charity as a recipient of your stake.

This is a group or organization you would NEVER want to support
financially. That adds a HUGE motivator for some
people.

How’s this for some controversial groups?

Abortion

American’s United for Life

NARAL Pro-Choice America Foundation

Gun Rights

Educational Fund to Stop Gun Violence

NRA Foundation

Political Groups

A PAC supporting Republicans

A PAC supporting Democrats

Or if you’re in the UK:

A Liberal Democrat group

A Conservative group

A Labour group

Various football (or soccer) fan clubs such as

Arsenal

Chelsea

Liverpool

Manchester United

So, I’m sure you can see how this could be VERY motivating if
you choose to put enough on the line. For some of these more
issues, any amount would be agonizing… for a Chelsea fan to give a
penny to the Man U fan club is traumatizing.

Create some of your own… maybe your ex-husband or ex-wife.
Maybe your brother who’s living in your basement supposedly
unable to get a job. I’m sure you can think of some people to
whom you don’t want to send ANY money.

Call to Action

Sign up and make a commitment contract for yourself. If
you’d like me to referee, I’d love to help out. You’ll find
me in the system as “PDesmond.”

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About the Podcast

This show will help you find abundant success in your personal as well as business life. You'll be lead towards greater achievement in your physical well-being, accomplishments in your business or career, and true joy in your relationships, by focusing on your attitude and mindset.
Your host, P. Desmond Adams will show you how to "change the world around you by changing the world within you." Desmond will teach you how to see all of life's experiences as beneficial to your whole being, discover how to be steady and consistent in your efforts so you can finally finish what you started, increase what you accomplish in life with the same amount of time and effort, and understand the greater purpose of your existence and how that will bring an unimagined peace within.
You'll benefit from over 30 years of study Desmond has done through the teachings of personal development and self-help teachers such as Tony Robbins, Napoleon Hill, Gregg Braden, Ralph Waldo Emerson, Dr. Wayne Dyer, Wallace Wattles, Jack Canfield, Ernest Holmes, Rhonda Byrne and the one who finally helped Desmond discover the secret to the Law of Attraction, Charles F. Haanel.